Upper Camden County Liquor License and Fully Equipped Bar
| Asking Price: | $390,000 |
Looking to open a bar or set up another location? This is a turnkey solution at an attractive price - representing a significant discount to what the current owner has invested.
Included in the sale is a New Jersey Type 33 liquor license (plenary retail consumption license), which allows for on-premises consumption and for the sale of packaged goods for consumption off the premises.
The sale also includes all FFE. A purchase of inventory is negotiable.
The current owner recently converted an +/- 1,850SF vanilla box into a well-outfitted bar. Work included a new exterior, new signage, lighting, a large central bar, a fully-equipped kitchen, two-new bathrooms, new flooring and ceiling tiles.
Equipment for the fit-out was all purchased new, kept pristine, and shows little to no wear.
A buyer would have three options regarding the tenant's current long-term lease:
1. Assume the lease
2. Renegotiate terms in a new lease
3. Purchase the property outright. (Ownership is open to discussions). Property is +/-.78AC and represents an opportunity to redevelop or expand.
